With both the NBA's Warriors and NFL's Raiders leaving the site in recent years, the A's are the last pro team using the Coliseum. The team has undergone steps to build a new ballpark at Howard Terminal, about seven miles uptown.
The A's currently own the other half of the Coliseum.
In a Tweet on Saturday night, Stewart, who grew up in the area, said doing "right by our community" is the driving force behind the bid. He told the Chronicle he has ideas of developing the area and potentially building a new stadium there if plans for the Howard Terminal ballpark fall through.
Home has ALWAYS been where my heart is. Oakland is every bit of who and why I am... An opportunity to do right by our community, keep our community, to do BETTER by our community is the only driving force for me in this. #wishusluck #Godspeed https://t.co/zwy3ocDgsk— Dave "Smoke" Stewart (@Dsmoke34) January 17, 2021
Stewart, 63, played parts of eight seasons in Oakland and helped the team win a World Series in 1989.